Did you know that fabulously wealthy people enjoy reading, maintain a to-do list and wake up at least three hours before work? They also set goals, watch less television and maintain a healthy diet by eating less junk food and exercising four times a week. To find out what else they do, check out the infographic below.
Josh Shapiro always knew he wanted to make as much money as possible. Which is why, when other people his age were floundering, he was raking in thousands of dollars every day.
Good ‘ol Bernie Madoff. The former non-executive Chairman of the NASDAQ , stockbroker and financier who admitted to operating in a Ponzi scheme considered to be the largest financial fraud in US history, agreed to an interview with the Wall Street Journal while incarcerated.
Koos Bekker’s Naspers is doing very, very well. Thanks for asking. And it’s all on the back of TenCent, and a weak Rand. This, from Fin24: At 10:22, Naspers shares, which gained over 80% this year, were changing hands at a new record high of R1010.98, tracking a surge in Tencent shares in Hong Kong. […]
John Paul DeJoria was a hobo – but he always had good taste. Even in his homeless days, he slept in an old Rolls Royce along LA’s Sunset Strip. But he had plans. Years later he finds himself in more comfortable conditions, having founded the stupendously successful Paul Mitchell Systems, and Patron Spirits.
John Julyan is a former Western Cape relationship manager at Barclays Wealth (a division of Absa). He is also a very naughty man. Not “use tax-payers money to buy porn” level of naughty, but more “steal more money than I can carry” kind of naughty. He was so naughty that he was found guilty on Monday of 39 counts of theft, totalling R15 million.
Budding entrepreneurs out there will be keen to pack it up at their current job, sign a lease for a new office space, and ship out immediately. But in such a competitive market where more businesses fail than succeed, its important you consider every step as carefully as possible. The first step is to decide whether to keep your job, and have your business on the side or to go the full Montgomery Burns and dive straight in to business. Here are a few reasons why you ought to be doing the former.
“Google has blessed me with a R4000 p/m job from home” – this is how easy it is to make money off the internet, if we are to believe popular banner ads. In reality, making money from the internet is no easier than making money in real life – you need a certain set of skills executed in just the right way in order to ensure results.
If you’ve been reading our stories on bitcoins recently you’d be forgiven for thinking that Bitcoin is only used by the most nefarious online criminals, because they are largely untraceable. You’d be partially wrong though, as absolutely anyone can use Bitcoin anywhere in the world. And now, the ever-progressive Canada is launching the very first Bitcoin ATM.
In the past, poverty has been blamed on the individual’s bad decisions, lack of motivation and personal issues. However, this study suggests its all got to do with the situation they’re in. Poverty leads to bad decisions, which leads to more poverty.
First Strut’s liquidation puts Sanlam and Investec’s money managers at risk. The company that supplied the mining, power and transport industries has been placed under liquidation.
Thailand has the ignomous distinction of being the first country in the world to ban Bitcoin. This, from AP: The company overseeing bitcoins in Thailand said on its website that the central bank informed it on Monday that it’s illegal to trade bitcoins, move them in or out of the country, or use them to […]
Brazilain billionaire Eike Bastista has fallen on tough times losing billions in the space of a year. The tycoon, once number 7 on the Forbes wealthiest list, is now being called the “master of road shows” by critics.
Top executives at Anglo Irish Bank have been caught on tape laughing and joking about how they would never be able to pay back the money they received from the state for bailouts.
Figures released on Monday by the department of trade and industry indicate an increase in car sales for the month of May. But this increase is no indication of car sales for the remainder of the year.
Zuma addressed reporters this morning at the Union Buildings in Pretoria on the general state of the economy, and government’s plan of action to stabalise the mining sector. Following the speech, the Rand slid from R9,71, to over R10 to the US Dollar, this afternoon.
The rand is currently standing at 9,6980 to the dollar – the lowest it has been in the last four years.
Nelson Mandela versus his daughters, Zenani Mandela-Dlamini and Makaziwe Mandela and former lawyer Ismail Ayob. Mandela’s current lawyer, Bally Cheune believes Ayob to be behind the court order to obtain Mandela’s wealth and artworks.
Here’s a fun fact: Tokyo plays host to almost half a million millionaires. In fact, it turns out Asia has a lot of millionaires. Asian cities dominated this top 10 list of cities with the highest populations of millionaires.
Esmere Weideman, CEO of Media24 was caught in a SIM swop scam over the weekend, in which she was robbed of R360,000. Unbeknownst to Weideman, R1,5 million was transferred from her home loan account to her cheque account by criminals who had gained access to her information via a SIM swop.
Now that the price roller coaster has ended, and it has been strongly confirmed that Bitcoin is a commodity worth investing in, the race to see who can mine the remaining Bitcoins fastest is on. In a big, big way.
Traders and fund managers seem to be swopping the fast paced city life and 9-5 office space for the possibly faster paced ski slopes on France. French resorts like Chamonix and Verbier, a favourite for the UK royal family are fast becoming the office space of ultra-rich white collar workers.
New studies show that the billionaires of this world didn’t get to where they are by luck, or even hard work, alone. It turns out that people who get really, really rich are basically just smarter than you.
The British Government’s former top advisor on narcotics, Professor David Nutt has claimed that the global financial crisis of 2008 was caused by widespread overuse and abuse of cocaine in the finances industry.
You’ll have heard a lot of finance types talking down the usefulness of Bitcoin as a currency, and/or a commodity in the last few weeks. The guys over at the Joy of Tech have nailed the central thesis of why no one’s listening to those Finance types
Identical twins, Tyler and Cameron Winklevoss have amassed the single largest portfolio of online currency over the last six months, and it’s all in Bitcoins. The Winklevii, as they are better known, say they own nearly 1% of all available Bitcoins.
Two of Nelson Mandela’s daughters have filed a court application to have three board members – George Bizos, Tokyo Sexwale and Bally Chuene – removed from their posts, citing they were never officialy appointed.
It won’t be long before your mother starts asking questions about Bitcoins – that’s how big this thing has blown up in recent weeks. So best you prepare to answer all her questions, with this handy guide.
Yesterday, literally thousands of financial secrets regarding offshore accounts of the super wealthy were leaked. The “largest journalism collaboration in history” involved nearly 100 reporters sifting through 2,5 million documents which detailed the identities and activities of 120 000 offshore companies.
The Brics nations of Brazil, Russia, India, China and South Africa are aiming to establish a new development bank during the annual conference which began yesterday in Durban. The leaders of each of the five developing countries will discuss bringing together foreign currency reserves to ward off balance of payments or currency crises. Martyn Davies, […]